Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror
Slashdot Deals: Prep for the CompTIA A+ certification exam. Save 95% on the CompTIA IT Certification Bundle ×
Bitcoin Government

Russia Bans Bitcoin 207

mask.of.sanity writes "Russia has banned digital currency Bitcoin under existing laws and dubbed use of the crypto-currency as 'suspicious'. The Central Bank of Russia considers Bitcoin as a form of 'money substitute' or 'money surrogate' (statement in Russian) which is restricted under Russian law. However, unlike use of restricted foreign currencies, Bitcoin has been outright banned. The US Library of Congress has issued a report examining the regulatory approaches national financial authorities have taken to the currency."
This discussion has been archived. No new comments can be posted.

Russia Bans Bitcoin

Comments Filter:

Related Links Top of the: day, week, month.

When a fellow says, "It ain't the money but the principle of the thing," it's the money. -- Kim Hubbard

Working...